Question

What are some of the ethical benefits and challenges of a more globalized world? How would you overcome these challenges?

Please provide around 3 paragraphs explaining this

Answer 1

Globalization - an important issue in current world

First of all we should understand what is globalization, it is the chaining of countries through different standards like trade relations, educational exchanges and security deals etc. With the economic aspect globalization can be said beneficial because it leads to better resource utilization and increases productivity of all the involved countries. If talking on the political basis it helps counties to grow through different types of policies and agreements between countries. In the 20th century the world had officially accepted globalization whereas it was already there from our ancient times.

Globalization does not only introspects in the trade related matter it also makes a worldwide reputation of a country strength wise, wealth wise and many other aspects. Which sometimes makes a country greedy for money and power which effects not just them but the whole world. Like in the present time there is a trade war going on between some countries. Some countries are over using the resources in a recent study it has been analysed that China has already used it's next 50 year resources. So all these races are going to affect us in the future. The carbon emission issue and so many others are all just a part of these races which are contested to be the most powerful amongst all the countries.

Globalization is neither bad nor good upto a certain extent. All everything is good until it's limits the same is globalization but if some in the welfare approach and sorted manner.